BCHUSD ready to breakout ?

COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
301 1
If we have hit bottom, I would expect that a BCHUSD -6.91% breakout would be confirmed if we
Manage to break out of the downward channel through the psychological $1000 level (perhaps upto 1050).

Do you agree?
Comment: Looks like the market can't quite decide, but we may be seeing a bounce off the bigger channel
Comment: Well, looks like a breakout, just a little later than forecast.
Note, the CM_WVF indicator is the strongest it has been (hitting -30 in recent history). Signals this strong seem to be reasonably reliable local minima when corroborated along with other methods of predicting bottoms. Some notable commentators like @PhilakoneCrypto were predicting a bottom around 700-850, which it looks like we hit.
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